These comments come when a recent report from CRISIL Ratings indicated that around 43% of MSMEs would be unable to…
Kotak Mahindra Bank may evaluate a further hike in its fixed deposit (FD) rate if prevailing market conditions are conducive,…
According to Crisil Research, capex spends of the top 300 listed companies in the first half of fiscal 2023 accounted…
Going ahead, the impact of higher interest rates on the asset quality of these lenders will be a key monitorable,…
A large number of these shadow lenders cannot raise public deposits
As on September 30, large corporate loans still comprise the lion’s share of the bank’s overall loan book at 30%.…
Outstanding vehicle loans stood at Rs 4.6 trillion as on October 21, up 110% compared with March 2020, when India…
The company expects to maintain its return on assets at 4% in 2022-23.
“Typically, on a month-on-month basis, we are adding 5-7% to the secured book. Roughly, we want to take it to…
Bank loans to non-banking financial companies (NBFCs) rose 38% year-on-year as of October 21, as NBFCs continued to find banks’…
The lender’s assets under management stood at Rs 31,980 crore as on September 30. AUMs should likely to surpass Rs…
The borrower would pay interest at a weighted average lending rate, which is lower than the interest rate of a…
Plural Gateway, Plural Checkout, and Plural Console are the three key products available under the Plural brand.
“In the past few years, bad loans that came from the corporate sector had ballooned. However, with the Insolvency and…
In 1990, the US Congress created the EB-5 immigrant visa programme to create jobs in the economy by procuring funds…
The Aditya Birla Group’s flagship company also got board approval for an additional capex of Rs 565 crore for existing…
“If you compare with pre-Covid-19 period, the deposit growth is higher on a cumulative basis. Just because deposit growth was…
“We do not envisage any product change or product diversification as of now. I am a strong believer that as…
